Age, Biography and Wiki
John P. Surma was born on 1954 in Pittsburgh, Pennsylvania, USA, is an American businessman (born 1954). Discover John P. Surma's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 70 years old?
| Popular As |
N/A |
| Occupation |
Retired Chairman and CEO of the United States Steel Corporation |
| Age |
70 years old |
| Zodiac Sign |
N/A |
| Born |
|
| Birthday |
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| Birthplace |
Pittsburgh, Pennsylvania, USA |
| Nationality |
United States
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We recommend you to check the complete list of Famous People born on .
He is a member of famous Chairman with the age 70 years old group.
John P. Surma Height, Weight & Measurements
At 70 years old, John P. Surma height not available right now. We will update John P. Surma's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is John P. Surma's Wife?
His wife is Becky Surma
| Family |
| Parents |
Not Available |
| Wife |
Becky Surma |
| Sibling |
Not Available |
| Children |
Not Available |
John P. Surma Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is John P. Surma worth at the age of 70 years old? John P. Surma’s income source is mostly from being a successful Chairman. He is from United States. We have estimated John P. Surma's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Chairman |
John P. Surma Social Network
Timeline
John P. Surma (born 1954 in Pittsburgh, Pennsylvania) is an American businessman.
He was the executive chairman of the board of United States Steel Corporation.
Surma received his bachelor's degree in accounting in 1976 from Pennsylvania State University, following which he joined Price Waterhouse, in 1987, he was admitted as a partner.
In 1983 Surma was picked for Ronald Reagan’s Executive Exchange Program in Washington, D.C., where he worked with the Federal Reserve Board.
He was appointed by Obama to serve as the vice chairman of the President's Advisory Committee for Trade Policy and Negotiations
In 1997 he was hired at Marathon Oil, then a subsidiary of U.S. Steel, as the senior vice president for finance & accounting.
In 1998, he became president of Speedway SuperAmerica, a subsidiary of Marathon, and in 2001 he became president of Marathon Ashland Petroleum, another subsidiary.
When U. S. Steel and Marathon separated at the end of 2001, he stayed with U. S. Steel as vice chairman and chief financial officer.
He became president of U. S. Steel in March 2003, and chairman of the board as of February 2006.
Among his current posts Surma is chairman of the International Iron and Steel Institute, vice chairman of the American Iron and Steel Institute and a member of the board of directors of the National Association of Manufacturers.
As the vice chairman of the Board of Trustees of Pennsylvania State University, Surma informed longtime Penn State football coach Joe Paterno, by phone, that he had been terminated amid the media firestorm in the wake of the Penn State child sex abuse scandal.
Surma became chairman of the Penn State Board of Trustees three days later when Chairman Steve Garban resigned his position.
Surma became an honorary member of the National Society of Black Engineers (NSBE) in 2006.
Surma received the American Iron and Steel Institute's Elbert Gary Medal in 2006.
While CEO of United States Steel in 2008, John P. Surma earned a total compensation of $11,130,689, which included a base salary of $1,218,336, a cash bonus of $3,250,000, stocks granted of $4,174,028, options granted of $2,233,336, and other compensation of $254,989.
From June 6, 2008, to May 31, 2013, with Surma at the helm, US Steel's stock value plummeted by 89%.
In 2009, he requested a 20% salary reduction and more than 60% reduction in his compensation package citing the difficult business environment.
In 2011 his reported compensation as a director of BNY Mellon was $216,575.
Surma is involved with education and community development in Pittsburgh.
Surma had been on the board since 2011.
In January 2012 he relinquished the position to The Bank of New York Mellon executive Karen Peetz, but he has continued to serve on the board.
Surma served as a director of BNY Mellon until April 2012.
Surma is a minority owner of the Pittsburgh Penguins of the National Hockey League with a share estimated in 2012 of $2 million.
Surma retired as CEO of U.S. Steel effective September 1, 2013, and Chairman effective January 1, 2014, positions he held since 2004.
Surma retired as chief executive officer of United States Steel on August 31, 2013.
He continued to serve as executive chairman of the board of directors until December 31, 2013, when he retired from the company and the board.
In September 2015, John Surma assumed the chairmanship of the National Safety Council Board of Directors, succeeding Jeff Woodbury.
He retired from that position in 2017, being succeeded by Mark Vergnano.
